LONDON Vodafone , the world's second-largest mobile operator, has raised its full-year earnings forecast for the first time in recent history, as customers switch to using more mobile data on their smartphones rather than looking for wifi. | Video

MUMBAI/BENGALURU American Tower Corp has agreed to buy about 20,000 mobile phone masts for 78.5 billion rupees ($1.2 billion) from Indian network operators Idea Cellular and Vodafone India , who are seeking to merge.

NEW YORK A hitch in a proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US has further boosted buoyant shares of cell tower stocks, which could benefit if there is no combined company to cut costs by reducing tower usage.

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